Submitted by Zondartul t3_z6vism in explainlikeimfive
wayne0004 t1_iy3gxly wrote
Besides the other answers, there are certain circumstances where you have to charge above a certain price. [Dumping](https://en.wikipedia.org/wiki/Dumping_(pricing_policy)) is one of those circumstances, mainly in international trade, certain countries forbids you to charge so little that you drive out competition thus becoming a monopoly.
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